Planned giving funding proposal

Planned Giving Funding Proposal for the New Youth Center

The New Youth Sports Center was established last year and, despite limited funds, they have managed to attract two hundred children and adolescents to participate in sports programs and competitions, but also in other programs of social development, such as tutoring, cleaning the environment or planting new trees. Participants are attracted by the possibility to meet peers and have fun, while parents are encouraged by the fact that their children spend their free time under supervision, learning social and environmental responsibility.

Project Financial Details

When the New Youth Center was founded one year ago, its financial sources were mainly retrieved from the five community churches. These recognized their decreased ability to support the development of the youth, due to the reduced appeal of religion to today's adolescents. Managing to cut down on costs by reducing their already unpopular youth programs, the churches decided to each donate 10 per cent of their earnings to the NYC. Despite the relative similarities in their earnings, at the end of the year, the deacons at the five churches felt that the percentage contribution was inequitable as one church paid more and one church paid less. The deacons at the churches which paid less argued that setting a fix sum would also be inequitable. Due to these frictions, the New Youth Center finds itself in need of more sponsors. The current aim is that of raising $360,000, which would constitute the minimum sufficiency for 2010.

3. Available Resources

Out of the $360,000 required, the NYC can rely on $60,000 as coming from the five community churches. Regardless of their disputes, the deacons recognize the importance of the center and have committed to donating at least $12,000 per annum in support of the centers' goals.

4. Required Resources and Funding Propositions

With the guarantee of $60,000 for next year from the community churches, the New Youth Center is challenged with the task of raising the additional $300,000. $150,000 is expected to be received from within the business community. The reasons behind this belief are based on the fact that the center can also support the business objectives of contributors by improving their market perception within the community or creating tax deduction opportunities. The next $100,000 is expected to be donated by not-for-profit organizations which militate for the proper integration of youth, as well as for responsible citizenship and environmental protection. Due to the center's triple actions, it is expected that several NGOs participate to raising the necessary funds. Finally, the last $50,000 is to be raised from individual members of the community, such as parents or other people who get a sense of personal fulfillment from helping others and supporting noble causes.

5. Usage of Endowments